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In a recent quarterly earnings announcement, Meridian Inc. announced that its earnings had markedly increased (up 20 cents per share over the prior year). Meridians

In a recent quarterly earnings announcement, Meridian Inc. announced that its earnings had markedly increased (up 20 cents per share over the prior year). Meridians stock price dropped nearly 5% on the earnings report.

Why do you believe that Meridians stock reacted as it did?

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